Out of whack
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#1 May 22, 2008
I have reservations about capping the pay of rookies coming into the NFL. First, we are rewarding owners, not veteran players, for letting this get out of hand in the first place. If owners were not willing to pay these prices rookie salaries would not be so high. But they pay them. Owners do this to increase their chances of success in the future. They could just as easily trade down out of the first round for more picks (and more chances at finding quality players) in the later rounds that would cost significantly less and save cap space for proven veterans, but they do not. They do not because in their eyes (and in the eyes of their accountants) these high profile rookies are worth every penny. My guess is that even if Ryan is a bust, the increase in ticket sales during his trial period will more than make up for his lofty price tag.
Second, do we honestly believe that if owners are able to spend less on rookies they will spend more on veterans? My belief is that the money saved is profit earned, not increased veteran salaries. As you said yourself, the high rookie pay checks have led to a higher pay ceiling for later round veterans down the road. I tend to believe that the inverse is true as well- smaller rookie pay checks equals smaller veteran paychecks. I will not completely rule out the possibility of pay shifting to veterans, but I think it is a bit of a leap of faith to believe that owners are willing to dump millions in potential profits into veterans that have shown for years that they are willing to take less.
I see a system run on pretty simple economic principles at work here. The demand for high profile rookies is through the roof. As demand increases for a finite item, so does the price. This year's draft trade between Jacksonville and Baltimore is a perfect example of the willingness of teams to do whatever it takes to pay one guy millions rather than take three or four players for less money. It is worth it to the owners. If the price for the top rookies outpaced their value to the franchise you would see more teams willing to trade down on draft day. But we do not. We do not because owners know these guys, even the busts, are worth it.
#2 May 22, 2008
I see the NFL adding a 17th regular season game as a hidden ploy to force each team to play one regular season game in another city or country. This really irks me considering how much each stadium costs the community and the relatively few games that the NFL actually uses them anyway. It is merely another gimmick for the owners to make even more money. What do you think?
#3 May 22, 2008
Well reasoned outstanding analysis.
Reality of the free market. God Bless America.
#4 May 22, 2008
the veterans must have forgotten that THEY were once paid "large sums of money" before taking one snap in the pros! They were once rookies that were getting paid big $ and they had not proven anything in the pros! Of course the $ for rookies is higher now - the money for rookies is higher EVERY year - it's called INFLATION!
#5 May 22, 2008
They may not be satisfied with the quality, but the owners still have no problem forcing season ticket holders to pay full price for them. I have been to one preseason game since the Ravens came to town, but have been forced to pay for all of them. It is the biggest ripoff in sports.
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